In today's Real Estate Podcast, from The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine declining recession risk, the increasing likelihood of an economic ‘soft landing,’ and the budding housing market recovery.
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Many will be surprised to find out that the new normal for mortgage rates will be between 5% and 6.5%. Fed will lower rates but don’t look for the rates we had from 2009 through 2021. Historically rates are 2 to 3% above inflation
Stephen Fells
Wappingers Falls, NY
Stephen Fells Thanks for taking the time to share this. Buyers and sellers need this type of information to make informed decisions. Your market insights are very well presented!
Stephen Fells
Wappingers Falls, NY
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